Business Title(s): Manager, Ceded Reinsurance - Operations
Employment Type: Full-Time
FLSA Status: Exempt
Location: In-office
Summary: The Manager full-time position sits within the Ceded Reinsurance Department, leading Clearbrook's reinsurance strategy through tactful negotiations and execution of placements.
The Ceded Re - Operations team plays a vital role throughout the reinsurance life cycle. The team performs a variety of responsibilities in a collaborative manner to support the execution of treaty placements and the daily needs of the programs thereafter.
Due to the diverse nature of work, the role offers substantial personal and professional growth. The individual will have the opportunity to work on a highly visible team with key leaders across Clearbrook Group and the marketplace, gain valuable basic and advanced reinsurance knowledge, and help reshape operational procedures.
This is a 100% in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.
Essential Responsibilities:- Liaison to internal and external partners for ceded operations inquiries
- Develop and enhance new processes to optimize efficiency
- Create upper management reporting materials for related committees
- Manage Security List and perform one-off market reviews for going concern
- Coordinate counterparty reinsurance audits
- Maintain reinsurance and third-party capital transaction documentation
- Ensure adherence to SOX controls and assist with audits/financial reporting
- Ad hoc projects and additional duties as assigned
Qualifications / Experience Required:- Bachelor's degree or related equivalent work experience
- 4+ years of related work experience in reinsurance, reinsurance operations or reinsurance accounting
- Self-motivated individual with an ability to effectively prioritize and multi-task
- Strong analytical skills and attention to detail
- Confident communicator at all levels of the organization and marketplace
- Base knowledge of insurance / reinsurance concepts
- General understanding of regulatory compliance and SOX requirements
- Knowledge of Microsoft Office Suite and other industry software
- Ability to work flexibly in a fast-paced environment
The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, this position is eligible for an annual bonus based on company and individual performance as well as a generous benefits package.
- Chicago Pay Range: $120,000.00 - $150,000.00
Benefits and CompensationWe offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program-including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.
